MICK McCarthy admits he is perfectly happy with his Wolves squad and the financial backing he has recevied in pre-season.

The manager watched his side score two late goals to beat Ipswich 2-1 yesterday after introducing his big guns in the final 30 minutes at Portman Road.

Stephen Hunt grabbed a lucky equaliser to cancel out Lee Bowyer’s first-half strike before Sylvan Ebanks-Blake converted a penalty that he won himself with just six minutes remaining.

McCarthy started a reserve team, but brought on summer signings Roger Johnson and Jamie O’Hara, among other first-team regulars, late on to help change the game.

He insisted he was happy with the players at his disposal.

“The club is going forward,” he said. “We’ve spent money, we’ve got a new stand on the way, there’s development on the ground, the training ground is going forward and it’s our third season in the Premier League.

“I’ve got fantastic support from Steve Morgan – the chairman – and the chief executive.

At the moment I’m happy with the squad I’ve got.”

McCarthy felt yesterday’s victory was a good run-out for his players following the 2-0 win over Celtic on Wednesday.

“I’m pleased because I thought Ipswich played well. We changed the team from Wednesday and the substitutions made a difference in the second half. I was always going to play one team at Celtic and one down here.